3 Bed Semi-Detached House, Refurb/BRRR, Barnsley, S74 9RN, £90,000

Key Avenue, Hoyland, Barnsley, S74 9RN - 2 views - 24 days ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£60K - £332.5K
Sold Prices/m²£769/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£90,900

 

 

End Value (After Refurb)

£137,412

Uplift in Value

+53%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£37,600

Bridging Loan Interest

£2,363

Total Cash In

£69,913

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£137,412

Mortgage (After Refinance)

£103,059

Mortgage LTV

75%

Cash Released

£35,559

Cash Left In

£34,353

Equity

£34,353

Rent Range

£600 - £1,095

Rent Estimate

£762

Running Costs/mo

£602

Cashflow/mo

£160

Cashflow/yr

£1,922

ROI

3%

Gross Yield

10%

Local Sold Prices

50 sold prices from £60K to £332.5K, average is £143.5K. £769/m² to £4.6K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£160K07/230.01 mi3, Key Avenue, Hoyland, Barnsley, South Yorkshire S74 9RN3
£105K03/210.09 mi52, Greenfield Road, Hoyland, Barnsley, South Yorkshire S74 9PE3
£200K12/220.09 mi2, Greenside Lane, Hoyland, Barnsley, South Yorkshire S74 9PF3
£133K11/200.11 mi21, Manor Way, Hoyland, Barnsley, South Yorkshire S74 9QX3
£125.5K06/210.14 mi9, Greenside Lane, Hoyland, Barnsley, South Yorkshire S74 9PG3
£147K04/210.14 mi10, Greenside Lane, Hoyland, Barnsley, South Yorkshire S74 9PG3
£143K06/210.15 mi11, Greenside Lane, Hoyland, Barnsley, South Yorkshire S74 9PG3
£170K10/200.18 mi6, Barber Street, Hoyland, Barnsley, South Yorkshire S74 9RD3
£128.5K03/210.19 mi25, Eaden Crescent, Hoyland, Barnsley, South Yorkshire S74 9RH3
£302K01/230.2 miWestcroft, Tithe Laithe, Hoyland, Barnsley, South Yorkshire S74 9DQ3
£155K07/210.2 mi23, Greenside Lane, Hoyland, Barnsley, South Yorkshire S74 9PZ3
£332.5K08/220.22 mi44, Greenside Lane, Hoyland, Barnsley, South Yorkshire S74 9PZ3
£125K12/200.23 miFair View, Church Street, Jump, Barnsley, South Yorkshire S74 0HX3
£127K04/210.23 mi31, Cumberland Road, Hoyland, Barnsley, South Yorkshire S74 9PX3
£156K06/210.23 mi91, King Street, Hoyland, Barnsley, South Yorkshire S74 9LB3
£176.5K03/230.23 mi2, Vicarage Close, Hoyland, Barnsley, South Yorkshire S74 9QG3
£135K07/210.24 mi5, Birchin Bank, Elsecar, Barnsley, South Yorkshire S74 8DP3
£160K02/230.25 mi32, Kingswood Crescent, Hoyland, Barnsley, South Yorkshire S74 9PT3
£112K11/200.25 mi28, Lilac Crescent, Hoyland, Barnsley, South Yorkshire S74 9PJ3
£60K10/200.26 mi96, King Street, Hoyland, Barnsley, South Yorkshire S74 9LG3
£232.5K08/220.3 mi26, Millmount Road, Hoyland, Barnsley, South Yorkshire S74 9LE3
£108K10/210.31 mi124, King Street, Hoyland, Barnsley, South Yorkshire S74 9LL3
£95K09/210.32 mi10, Gill Street, Hoyland, Barnsley, South Yorkshire S74 9LR3
£165K03/230.32 mi49, Gill Street, Hoyland, Barnsley, South Yorkshire S74 9LR3
£140K06/230.32 mi159, Longfields Crescent, Hoyland, Barnsley, South Yorkshire S74 9JE3
£118K09/210.32 mi78, Longfields Crescent, Hoyland, Barnsley, South Yorkshire S74 9JE3
£144K06/210.33 mi15, Valley Way, Hoyland, Barnsley, South Yorkshire S74 9AN3
£157K10/200.33 mi5, Old School Close, Hoyland, Barnsley, South Yorkshire S74 0EQ3
£232K10/220.34 mi6, Ellavale Road, Elsecar, Barnsley, South Yorkshire S74 8DZ3
£155K12/210.34 mi2, Church House Mews, Jump, Barnsley, South Yorkshire S74 0FH3
£145K01/210.34 mi3, Church House Mews, Jump, Barnsley, South Yorkshire S74 0FH3
£135K08/230.34 mi28, Noble Street, Hoyland, Barnsley, South Yorkshire S74 9LP3
£76K04/210.35 mi13, Church Street, Jump, Barnsley, South Yorkshire S74 0HZ3
£98K10/200.36 mi77, Milton Road, Hoyland, Barnsley, South Yorkshire S74 9AZ3
£82K12/200.36 mi83, Milton Road, Hoyland, Barnsley, South Yorkshire S74 9AZ3
£125K01/230.37 mi4, Royston Cottages, Hoyland, Barnsley, South Yorkshire S74 9JF3
£140K12/200.37 mi55, Wentworth Road, Jump, Barnsley, South Yorkshire S74 0JX3
£128K09/220.37 mi6, Ellin Close, Jump, Barnsley, South Yorkshire S74 0QH3
£82K12/200.38 mi83, Milton Road, Hoyland, Barnsley, South Yorkshire S74 9AZ3
£260K03/230.39 mi59, Fieldhead Road, Hoyland, Barnsley, South Yorkshire S74 9AT3
£180K11/200.39 mi24, Fieldhead Road, Hoyland, Barnsley, South Yorkshire S74 9AT3
£202K06/210.39 mi22, Fieldhead Road, Hoyland, Barnsley, South Yorkshire S74 9AT3
£270K02/210.39 mi49, Fieldhead Road, Hoyland, Barnsley, South Yorkshire S74 9AT3
£200K03/210.39 mi43, Fieldhead Road, Hoyland, Barnsley, South Yorkshire S74 9AT3
£175K09/230.39 mi17, Tomlinson Road, Elsecar, Barnsley, South Yorkshire S74 8DH3
£235K09/210.4 mi4, Wentworth Road, Jump, Barnsley, South Yorkshire S74 0JZ3
£140.5K07/230.4 mi16, Wentworth Road, Jump, Barnsley, South Yorkshire S74 0JY3
£113K10/200.4 mi32, Wentworth Road, Jump, Barnsley, South Yorkshire S74 0JY3
£142K06/210.4 mi31, Headlands Road, Hoyland, Barnsley, South Yorkshire S74 9JG3
£146K04/210.4 mi44, Guest Street, Hoyland, Barnsley, South Yorkshire S74 9SN3

Local Rents

17 rents from £600/mo to £1.1K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£67503/250.27 mi-3
£60003/250.31 mi-3
£72508/240.33 mi-3
£72508/240.33 mi-3
£85011/240.38 mi-3
£1,09501/250.38 mi-3
£87502/250.4 mi-3
£80008/240.58 miHawshaw Lane, Hoyland, Barnsley3
£80008/240.64 miShaftesbury Drive, Hoyland3
£72512/240.74 miCemetery Road, Jump, Barnsley3
£70008/240.82 mi-3
£65012/240.89 miWath Road, Elsecar, Barnsley S743
£72511/241.17 mi-3
£75008/241.18 mi-3
£75008/241.18 mi-3
£69511/231.19 miSchool Street, Hemingfield, Barnsley, S73 0PS3
£77508/241.21 mi-3

Local Area Statistics

Population in S74

17,839

Population in Barnsley

197,410

Town centre distance

3.51 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £90,000

March 11, 2025

Floor Plans

Description

  • 3 BED SEMI DETACHED +
  • NO UPWARD CHAIN +
  • IN NEED OF RENOVATION +
  • PLENTY OF POTENTIAL +
  • GOOD DIMENSIONS THROUGHOUT +
  • GREAT FIRST STEP OR ADDTION TO A PORTFOLIO +
  • CLOSE TO AN ARRAY OF AMENITIES +
  • GOOD COMMUTER LOCATION +
  • COUNCIL TAX BAND A +

NO UPWARD CHAIN! Located on Key Avenue in the popular area of Hoyland, Barnsley, this semi-detached house presents a remarkable opportunity for those looking to invest in a property with great potential. Boasting three spacious bedrooms and a well-proportioned reception room, this home offers generous dimensions throughout, allowing for creative renovation possibilities.

While the property is in need of full renovation, including the installation of a new central heating system and re-wiring, it provides a blank canvas for buyers to design their dream home or enhance its appeal for rental purposes. With no upward chain the property is ready and waiting for you to put your stamp on it!

Briefly comprising entrance hall, lounge/diner, kitchen, a side porch with three large storage cupboards, three good sized bedroom and shower room/wet room.

Conveniently located near local shops and with easy access to the M1 motorway, this property is ideally situated for commuters and families alike. Whether you are a first-time buyer eager to step onto the property ladder or an investor looking to expand your rental portfolio, this house offers a unique opportunity to create a personalised living space in a desirable location. With vision and effort, this property can be transformed into a wonderful home.

Entrance Hall - Through a glazed uPVC door leads into a roomy entrance hall, a great cloakroom space, comprising wall mounted radiator, uPVC window, stairs rising to the first floor and doors leading to the living room and kitchen.

Lounge/Diner - 6.55m x 3.61m (21'6 x 11'10) - A large living space with large uPVC windows to both the front and rear elevation, also hosting a coal fire that powers the back boiler/radiators, also comprising aerial point, telephone point, two wall mounted radiators and currently a through floor lift that goes through to the master bedroom upstairs.

Kitchen - 3.43m x 2.31m (11'3 x 7'7) - Comprising light wood wall and base units, contrasting cream work surfaces, inset stainless steel sink and drainer, free standing cooker, under counter space and plumbing for a washing machine, space for a tall fridge/freezer, door leading to an understairs pantry, wall mounted radiator, extractor fan, uPVC window and uPVC door leading into the side porch.

Side Porch - Offering plenty of storage we all crave, the side porch consists of three large storage cupboards, lighting and uPVC doors to both the front and rear.

Landing - Comprising loft hatch, uPVC window and doors leading to all bedrooms and bathroom.

Bedroom 1 - 4.09m x 3.05m (13'5 x 10'0) - A large double bedroom comprising large front facing uPVC window, wall mounted radiator and built in storage cupboard.

Bedroom 2 - 4.27m x 2.39m (14'0 x 7'10) - A further good sized double bedroom comprising built in storage cupboard that also house the immersion heater, wall mounted radiator, aerial point and rear facing uPVC window.

Bedroom 3 - 9'9 x 9'2 - A good sized single bedroom, nursery or home office, comprising front facing uPVC window and wall mounted radiator.

Shower/Wet Room - 1.83m x 1.65m (6'0 x 5'5) - Fully tiled throughout, the bathroom comprises wall mounted electric shower, low flush WC, corner sink, wall mounted radiator and frosted uPVC window.

Exterior - The property hosts a large corner plot, meaning there is extensive gardens to the front of the property, which could be changed into off road parking if desired. To the rear of the property is a small, low maintenance garden mainly laid to lawn with established hedges and colourful borders.

Agent Details

Hunters, Chapeltown

0114 257 8999

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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